Daily Crypto News & Musings

Latest News and Articles about DeFi

Justin Sun Warns of Excessive Ethereum Leverage Risks

Tron Founder Justin Sun Raises Alarm Over Excessive Ethereum Leverage Justin Sun, the founder of Tron, has issued a stark warning about the dangers of excessive leverage in Ethereum trading, emphasizing the potential risks to the network and its decentralized finance (DeFi) projects. Amidst recent market volatility, with Ethereum experiencing a 15% price crash followed […]

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Ethereum’s $2,000 Threshold at Risk: Bearish Trends and Declining Activity

Ethereum on the Brink: Is the $2,000 Threshold About to Break? Ethereum faces a critical juncture as it teeters on the edge of losing the $2,000 mark, signaling potential further declines in the volatile crypto market. ETH at risk of falling below $2,000 Bearish trend confirmed by technical indicators Declining network activity and investor interest […]

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AAVE Surges 20% to $210.03: Aavenomics and Anti-GHO Drive DeFi Innovation

AAVE Soars 20% to $210.03: Unpacking Aavenomics and the Path Forward AAVE, a prominent player in the decentralized finance (DeFi) space, experienced a remarkable 20% price surge in a single day, reaching $210.03. This leap is attributed to the groundbreaking “Aavenomics” proposal, which aims to revolutionize Aave’s economic framework. As Aave’s cash reserves swell by […]

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Charles Hoskinson Hints at Cardano’s Exciting Future, Denies Executive Changes

Charles Hoskinson Teases Cardano’s Bright Future Amidst Executive Role Rumors Charles Hoskinson, the mastermind behind Cardano, recently dropped hints about exciting developments on the horizon, setting off a wave of speculation within the Cardano community regarding potential shifts in executive roles. While no executive changes have been confirmed, Hoskinson’s optimism has kept the community buzzing […]

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New Ethereum Wallet Grabs $49.5M in ETH: Unveiling the Mystery and Market Impact

New Ethereum Wallet Snags $49.5M in ETH: Who’s Behind It? – New Ethereum wallet receives $49.5 million in ETH – Highlights Ethereum’s liquidity and raises questions about the owner’s intentions – Ethereum’s broader trends and risks discussed In a bold move, a newly created Ethereum wallet has acquired a staggering $49.5 million worth of ETH […]

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Consensys Challenges SEC’s DeFi Rule: A Battle for Blockchain Innovation

27 February 2025 Daily Feed ,

Consensys Urges SEC to Rethink DeFi Exchange Rule: A Clash Over Regulation and Innovation Consensys, a leading blockchain software developer, has formally challenged the U.S. Securities and Exchange Commission’s (SEC) proposed amendment that aims to redefine “exchange” to encompass decentralized finance (DeFi) protocols. This move, if implemented, could reshape the regulatory landscape for the crypto […]

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Crypto VC Funding Soars: Blockaid and Cygnus Secure $50M and $20M in Latest Surge

27 February 2025 Daily Feed , , ,

Crypto VC Funding Surges: Blockaid and Cygnus Lead with $50 Million and $20 Million Raises During the third week of February, the crypto sector saw an influx of over $150 million in venture capital funding, with Blockaid and Cygnus leading the charge with $50 million and $20 million raises respectively. Total funding exceeds $150 million […]

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Acre Secures $4M at $90M Valuation to Boost Bitcoin-Native Compounding

24 February 2025 Daily Feed , , ,

Acre Raises $4M at $90M Valuation, Unlocking Bitcoin-Native Compounding for BTC Holders Acre, a pioneering platform dedicated to Bitcoin-native compounding, has successfully secured $4 million in a strategic funding round, propelling its valuation to $90 million. This significant investment underlines the growing interest in Bitcoin’s integration into decentralized finance (DeFi), as Acre launches its dApp […]

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Nordic Blockchain Conference 2025: Stockholm Hosts Largest Nordic Blockchain Event June 18-19

Nordic Blockchain Conference 2025: Stockholm Set to Host Largest Blockchain Event in the Nordics Stockholm gears up for the Nordic Blockchain Conference (NBC) 2025, the largest blockchain gathering in the Nordics, set for June 18-19 at Epicenter Stockholm. This event will draw nearly 1,000 attendees and over 100 speakers to explore the future of blockchain, […]

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Vitalik Buterin Warns of Ethical Backsliding with Blockchain Casinos, Urges DeFi Focus

Vitalik Buterin’s Stand Against Blockchain Casinos: A Moral Compass in the Crypto World Vitalik Buterin, co-founder of Ethereum, has expressed his deep concern over the crypto community’s increasing acceptance of blockchain casinos, labeling it an ethical backsliding. In a recent AMA session, Buterin voiced his frustration about Ethereum being seen as intolerant for not fully […]

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SEC Backs Off Crypto Clash: Signals Shift to Collaboration?

22 February 2025 Daily Feed ,

SEC Withdraws Appeal Amid Crypto Industry Pushback: A Shift Towards Collaboration? In a surprising move, the SEC has backed away from a contentious battle with the crypto industry, signaling a potential thaw in regulatory tensions. This development comes as the SEC withdraws its appeal against a court ruling that invalidated a controversial broker-dealer rule targeting […]

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Ethereum Fees Plummet to $0.80 as Onchain Activity Drops 25%

Ethereum Transaction Fees Hit Four-Year Low Amid Decreased Onchain Activity Ethereum transaction fees have plummeted to a four-year low, averaging around $0.80 per transaction as of February 20, 2025. This significant drop in costs coincides with a 25% decrease in onchain activity over the past year, signaling a shift in the blockchain’s usage patterns. Ethereum […]

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Crypto Industry Battles IRS Overreach: DeFi at Risk, CRA Resolution Introduced

Crypto Industry Fights Back Against IRS Overreach on DeFi The cryptocurrency sector, backed by the Blockchain Association and Senator Ted Cruz, is rallying against a new IRS rule threatening to stifle decentralized finance (DeFi) innovation. This contentious regulation, quietly dropped during the holiday season, could drive DeFi development offshore and compromise U.S. leadership in blockchain […]

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Turtle Club: Pioneering Web3 Rewards Amid DeFi Innovations by Gnosis and Chorus1

Turtle Club: Revolutionizing Web3 User Rewards and the DeFi Landscape Turtle Club, spearheaded by Esfandiar Lagevardi, is making waves in Web3 by enabling users to earn rewards from their on-chain activities. This initiative, combined with recent developments from Gnosis and Chorus1, is reshaping the DeFi landscape. Turtle Club: First distribution protocol in Web3 Governance tokens: […]

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Brevan Howard Digital’s $20M Kinto Investment Signals DeFi’s Institutional Dawn

Brevan Howard Digital Invests $20M in Kinto, Ushering Institutional Investors into DeFi Brevan Howard Digital’s $20 million investment in Kinto marks a significant step for decentralized finance (DeFi), as traditional finance integrates with the blockchain world, highlighting a trend of institutional investors leveraging on-chain technologies for enhanced efficiency and compliance. Brevan Howard Digital invests $20M […]

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Euler Finance Expands to Sonic: Boosting DeFi with Looping and Low Fees

Euler Finance Dives into Sonic Blockchain: A Game-Changer for DeFi? Euler Finance, a leading DeFi platform initially built on Ethereum, has expanded to the Sonic blockchain, previously known as Fantom. This bold move not only boosts the Sonic ecosystem’s DeFi capabilities but also follows Frax Finance’s launch on Sonic, contributing to a significant price surge. […]

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Italy’s Crypto Users Surge 118% in 5 Years Amid Global Trend

18 February 2025 Daily Feed , ,

Italy’s Crypto Surge: A 118% Increase in Users Over Five Years Italy’s cryptocurrency landscape has experienced a remarkable 118% increase in users over the past five years, reflecting a global trend towards embracing digital currencies. Despite regulatory hurdles and market volatility, this surge indicates growing interest and acceptance of decentralized finance in Italy. 118% increase […]

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Investors Shift to Utility Tokens as Mutuum Finance Raises $582K in Presale

Utility-Focused Tokens Gain Traction as Meme Coins Falter: A Deep Dive into Mutuum Finance Investor interest is shifting away from the whimsical allure of meme coins towards cryptocurrencies with tangible utility. Mutuum Finance (MUTM) emerges as a leading example, focusing on innovative decentralized finance (DeFi) solutions, including lending and borrowing. With a successful presale raising […]

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Arkham Boosts Sonic’s DeFi with Transparency and Security Tools

Arkham Intelligence Partners with Sonic Labs to Boost DeFi Transparency and Security Arkham Intelligence, a leading blockchain analytics firm, has teamed up with Sonic Labs to integrate its sophisticated intelligence suite into the rapidly growing Sonic platform, aiming to enhance transparency and security within Sonic’s decentralized finance (DeFi) ecosystem. Arkham and Sonic collaborate for blockchain […]

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MetaMask’s Gas Station: Pay Ethereum Gas Fees with Multiple Cryptos Now

MetaMask’s “Gas Station” Feature: Revolutionizing Gas Fees on Ethereum MetaMask’s latest update, the “Gas Station” feature, allows Ethereum users to pay gas fees with a variety of cryptocurrencies, streamlining transactions and enhancing user experience on the Ethereum network. MetaMask introduces “Gas Station” for gas fee payments in various cryptocurrencies Feature available on Ethereum mainnet with […]

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a16z Slams DOJ’s DeFi Prosecution, Hopes for Crypto-Friendly Trump Era

8 February 2025 Daily Feed , , ,

a16z Challenges DOJ’s Approach to DeFi Regulation Amidst Crypto-Friendly Trump Policies Andreessen Horowitz (a16z), a leading venture capital firm, has taken a strong stance against the U.S. Department of Justice’s (DOJ) approach to prosecuting decentralized finance (DeFi) protocols. DeFi, or Decentralized Finance, refers to financial services provided on public blockchains without traditional intermediaries like banks. […]

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22-Year-Old Canadian Hacker Faces Charges for $65M Crypto Heist Targeting DeFi Platforms

22-Year-Old Canadian Hacker Charged with $65 Million Cryptocurrency Heist Andean Medjedovic, a 22-year-old Canadian, has been charged with stealing $65 million in cryptocurrency from Indexed Finance and KyberSwap, highlighting the ongoing security challenges in the DeFi space. Canadian hacker charged with $65 million in cryptocurrency theft Exploited Indexed Finance and KyberSwap using token manipulation and […]

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